Tuesday, November 27, 2007 8:38:57 PM
"In exchange for all of their shares of Keenway common stock, the Keenway Shareholders received 90,903,246 newly issued shares of our common stock and 3,641,796 shares of our common stock which was transferred from certain InteliSys Shareholders;
Immediately following the closing of the Merger, the Keenway Shareholders own approximately 94.5% of our issued and outstanding shares on a fully diluted basis."
That phrase 'newly issued shares' certainly makes me believe shares are to be issued. But hey you can think whatever you want. Not sure why you supplied the market capitalization definition in your last post either, that has nothing to do with the present topic.
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